Account Questions

How to Open a Live Account:

2. You will be asked the following questions about your Account Settings:

Account Type

BlackBull Markets has 3 account types to choose from; Standard, Prime and Institutional Accounts. More information about these can be found at our Account Types page.

Currency

Indicates the currency which all commission gains and losses are presented in. This does not alter your base trading currency (base trading currency is USD and is unchangeable market wide).

Funding Amount

Shows BlackBull Markets what amount of capital you are intending to invest. The higher the funding amount the more contact BlackBull Markets staff will have with you, in order to provide you with any services you may require.

Leverage

This is essentially a multiplier effect, increasing the yield of both your profit AND losses. BlackBull Markets offers leverage up to 1:500.

Language

Please select your language.

3. Please accurately fill in the registration form with your personal details (these must be accurate as we will need to be able to identify you should you lose access to your account).

4. Following this you will receive an email, that will look like the following image, with your MT4 Login Number and Password.

Yes, we are happy to say BlackBull Markets does offer Islamic compliant Accounts.

These are accounts with no swap rates or rollover costs on overnight positions. If you are signing up for an Account you can select an Islamic Account when you chose you Account type. If you already have an Account with us then you will need to contact us at accounts@blackbullmarkets.com requesting the Account type change. Once received, we will then change your account type accordingly.

If you open a Live Account in Malaysia your account will automatically be an Islamic compliant Account.

Please note, BlackBull Group Limited reserves the right to revoke this granted swap-free status in the event of any form of abuse. Any account opened in Malaysia or Indonesia is automatically made as an Islamic Account.

BlackBull offers three types of accounts depending on the requirements of our clients. These accounts are Standard, Prime, and Institutional. In addition to these account types, an Islamic law variant is available for all accounts.

Account Types:

Standard Account

A Standard Account is best suited for the more casual trader. Less professional services are available, however, there is still full access to every BlackBull Markets product. Lower overall costs for lower volume trading. Minimum deposit of USD$200.00. If you would like to open a Standard Account, click here!

Prime Account

A Prime Account is BlackBull Markets’ most common account offered. It is the most balanced account available, allowing clients access to more professional services than the Standard Account while charging a USD$3.00 commission per USD$100,000.00 (USD$6.00 standard round turn commission) traded. Minimum deposit USD$2,000. If you would like to open a Prime Account, click here!

Institutional Account

The Institutional Account is the most comprehensive account available for BlackBull’s clients. This account is catered toward longer term, higher volume traders with an established trading history. The custom and varying nature of this account allows for the development of a trading package that is best suited to the specific individual needs of clients. Minimum deposit USD$20,000.00. If you would like to open an Institutional Account, click here!

Identification Requirements

When applying for an Individual Live Account:

2. Submit the BOTH following documents (in .jpg, .pdf, or .png format less than 10MB);

i) Proof of Identification

A form of a non-expired, Government issued photo ID. Your identification must clearly indicate your date of birth and INCLUDE an MRZ code.
Acceptable examples: Passport, Driver’s License, State-issued Photo ID with MRZ, Singapore and Malaysian NRIC

ii) A Proof of Address
A Proof of Address document must dated within the last 3 months, be addressed to you, contain the address you applied with, and have a letter head indicating the entity that sent it to you. Examples of there are: Utilities bill, Bank statement, Credit card statement, Government issued document (separate from your Proof of ID). This document cannot be addressed to a P.O. Box

The Client Portal is the interface that BalckBull Markets has developed for its client's to manage their Accounts and their Account settings.

You can do everything Account related in the Client portal from Depositing, Withdraw and Transfering funds, to opening up new accounts and applying for White Label services.

Once you have signed up to a Live Account you will be sent an email requesting you to confirm your email address. Following your response to this email, your account will become active and you will be able to manage your account through the BlackBull Markets’ client portal, to do this go to the BlackBull Markets Client Portal Login by clicking here!

How do I become an Introducing Broker (IB)?

To become an IB for BlackBull Markets, you must first have a current Live Account open with BlackBull Markets. To apply to become an IB broker:
1.Go to the BlackBull Markets Client Portal Login

2.Enter the email address and password you used when registering for your BlackBull Markets account. These will be different to your MT4 login details.

3. Once logged in you will be brought to the Client Portal. Here you will see a selection of account settings and options. Under Becoming a partner, click the tab Partenner area (IB)

4. Once on the Partner area page, click on the Become a Partner (IB) tab

5. This will open the IB Account application form. Fill out the form with the necessary information to apply for an IB account. Under the drop-down menu of choose group, select “USD Account” unless you are Malaysia based.

6. Following submission of this form, your IB Account will be open pending approval from your account manager.

7. After your account has been approved you will be sent a referral URL link

Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.